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28 November 2022

Update regarding the coupon payment for the Eurobonds due 2024

Novolipetsk Steel (“NLMK”) hereby informs the holders of the 4.00 per cent. loan participation notes due 2024 (ISIN: XS1577953174, US85812RAA77) (the “Notes”) that (i) on 21 September 2022 NLMK made the scheduled coupon payment to the holders of the Notes whose rights are recorded by Russian depositories, and (ii) on 26 September 2022 (having received the required authorization from the Ministry of Finance of Russia) NLMK transferred the amount equivalent to the balance of the coupon payment to the account of the Issuer of the Notes (Steel Funding D.A.C.) with the Principal Paying Agent (Deutsche Bank AG, London Branch), which was supposed to be on-transferred by the Principal Paying Agent to the international clearing systems for distribution to the holders of the Notes via these systems.

28 November 2022

NLMK launches recycling marketplace

NLMK Group announces the successful completion of its first transactions via Vtorion, an e-commerce platform for the scrap collecting and processing industry.

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NLMK Company
Maria Simonova
Maria Simonova
PR Director
40, Bolshaya Ordynka str, bldg 3, 119017 Moscow